Economy

What U.S. government shutdown means for GDP, markets

Update on Jan. 22, 2018, at 2 p.m.: A Senate agreement has reopened the U.S. federal government. The U.S. government has been shut down since midnight on Friday—and that could negatively affect growth in Q1, says TD senior economist Leslie Preston in a weekly economics report. The last 16-day shutdown lowered real GDP by 0.3 […]

By Staff, with files from The Associated Press |January 22, 2018

2 min read

Economic Indicators

Global economy shows signs of ‘virtuous cycle,’ El-Erian tells CFA Calgary

A decade after the Great Recession, internationally renowned economist Mohamed El-Erian says 2018 could be the year the global economy breaks out of the “low and insufficiently inclusive growth” that has dogged it for years. “The engines of growth in the global economy are all shifting up in gear at the same time,” El-Erian told […]

By Jacqueline Louie |January 19, 2018

3 min read